HP India Approaches Customs Tribunal For Early Hearing
In April 11, 2012, the Commissioner of Customs, Bangalore had issued an order on the products show cause notice affirming certain duties and penalties against HPI and others of about $386 million.
Nine days later, the Commissioner issued an order on the parts-related show cause notice affirming duties and penalties against HPI and certain named individuals of about $17 million. Of this, HPI deposited $7 million.
After the order, HPI deposited another $3 million in connection with the parts-related show cause notice so as to avoid some penalties.
HPI had filed appeals of the Commissioner's orders before the Customs Tribunal along with applications for waiver of the pre-deposit of remaining demand amounts as a condition for hearing the appeals.
The Customs Department also filed cross-appeals the tribunal.
In January last year, the Customs Tribunal ordered HPI to deposit an additional USD 24 million against the products order, which HPI deposited in March 2013.
The Customs Tribunal did not order any additional deposit to be made under the parts order, HPI said.
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